Madhya Pradesh, in its present form, came into existence on November 1, 2000, following its bifurcation to create the new state of Chhattisgarh. Madhya Pradesh (MP), the second largest state of the country, is one of the largest producers of cement and a leading producer of edible oil. The state has vast mineral deposits, that include diamonds, coal, copper ore, diaspore, limestone, manganese, pyrophyllite and slate, among others. Madhya Pradesh is an emerging industrial powerhouse. It is home to around 1,800 companies and 19 industrial growth centres, 1,71,000 small-scale industrial (SSI) units. Madhya Pradesh is home to major private infrastructure players, such as Essar, Jaypee Group and Reliance. The state is ranked amongst the top four states of the country for industrial investments. The Gross State Domestic Product (GSDP) at 2004-05 was recorded to be US$ 24 billion at current prices. Madhya Pradesh has per capita income of USD 369.
Advantage Andhra Pradesh
- Ranks third in terms of law and order.
- Fastest mover in infrastructure development..
- Fastest mover in agriculture.
- Ranks second in terms of governance.
- Fastest mover in overall performance among the large states in the country.
- Being centrally located, the state is easily accessible for all the key consumer markets in the country.
- Cost of skilled labour is USD 2.4/day compared to USD 3 5 to 4.0 /day in metro.
- The cost of land is one of the lowest in the country.
- Leading producer of cement, textiles and edible oils.
- First state to develop a greenfield Special Economic Zone.
- Track record of attracting private investment in transport infrastructure.
- Potential for developing automobile and pharmaceutical industries.
- Rapid improvement in social development indices.